Saturday, 9 April 2016

Governor El Rufai lays farm foundation of N30 billion in Kaduna

The present Governor of Kaduna state Nasir El Rufai, has laid the foundation of the biggest West Africa poultry and hatchery farm along Kaduna-Abuja expressway. The farm worth $150 million (about N30 billion) is to be constructed by Olam group in Chikun local government area of the state.

Announcing the breaking news during the ceremony for the Olam Integrated Feed Mill and Poultry project in Chikpiri Gabas village on Friday, April 8, the governor emphasized that the project is aimed at creating an impressive number of jobs, thus ensuring vibrant economic activity and reduction of poverty. 

In his speech entitled “Business is happening in Kaduna” the governor said: “I am delighted to welcome you all to this ground-breaking operation for the largest agro-allied investment project in Kaduna State. We acknowledge the confidence that the Olam group is displaying in the soundness of our policies and in the prospects of Kaduna State by choosing to site this USD 150m poultry project here. 

When I led a delegation from the Kaduna State Government to Olam’s headquarters in Singapore for discussions with their senior management in September last year, we went with a clear message that Kaduna is open for business, and that the government views the promotion of investments as vital for the realisation of inclusive growth and shared prosperity.

Olam was persuaded, and they have pleasantly surprised us by the sheer scale of the investment project they have embarked on.  Thanks to Olam, Kaduna State will be host to the largest poultry farm with integrated feedmill in sub-Saharan Africa. The farmers that have an expanded market for their grains through the demand from the feed mill and other value-chain activities that are stimulated.  

We are today taking another significant step in advancing our governance agenda to create jobs and improve life chances for the people of Kaduna State. Amidst the challenges that confront us, we are drawing attention to the opportunities that abound. Kaduna State has comparative advantage in agriculture and mining; the government is delighted that many investors agree that we in deed offer a decent business proposition.

Others are beginning discussions on new projects. We hope that the projects announced will be coming on stream with similar promptness like Olam’s. The government of Kaduna State gratefully acknowledges and thanks all the companies that are supporting our quest to develop Kaduna State.” 

It would be recalled that a month ago the Kaduna state Government reported on creation of up to 125,000 jobs in the state in less than one year. Besides, Dangote Group is expected to establish a $10 million (about N2 billion) tomato farming and processing company in the state.

Source- Leadership

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